Poll - how much more will US stocks fall

[gib]

Damn market selloff looking scary. Who's losing money out there?

Getbig related as all getbiggers are stock investing millionaires ...

[OB1]

OP suffering from chronic pollonitis

[Purge_WTF]

 Glad I dumped my Netflix stock a few years back and got six figures.

 Everyone was worried about the chaos that would accompany a lack of oil; now we're worried about having too much of it.

[gmflex]

Damn 401k has taken a hit..
Regular stocks still doing good.. have not lost a lot..

[Mr Anabolic]

IMO, a lot further.  It won't go straight down though, it will be volatile as hell.  It will eventually get back down to March 2009 lows.  That might not be until 2017.  If anyone here has a 401k, you should move the entire amount to a cash position.

[OB1]

Invest in gold.
Can't get more secure.

[gib]

Invest in gold.
Can't get more secure.

Huh? Gold is useless. Has almost zero inherent value and earns no yield..

[OB1]

Huh? Gold is useless. Has almost zero inherent value and earns no yield..

It will keep it's value when the stock market and the dollar is crashing into oblivion.
When money is finally worthless there will be a need for other currency and that will be gold.

[gib]

It will keep it's value when the stock market and the dollar is crashing into oblivion.
When money is finally worthless there will be a need for other currency and that will be gold.

Really? i don't think we will go back to the stone ages. Gold is a useless metal with no measurable value. It's nonsense to believe we will go back using gold as a currency. Or silver. Or diamonds and Ruby's. Or bronze. Or any of the many other metals that exist.

If we are ever really back in the stone ages end of the world type stuff then it's things like food that will be commodities that can be bartered.

There's a good reason Warren Buffet has said he wouldn't ever buy gold. The only people who make money on gold long term are the traders to sell it to you. Don't believe the bullshit they tell you about it being a good investment.

[OB1]

Really? i don't think we will go back to the stone ages. Gold is a useless metal with no measurable value. It's nonsense to believe we will go back using gold as a currency. Or silver. Or diamonds and Ruby's. Or bronze. Or any of the many other metals that exist.

If we are ever really back in the stone ages end of the world type stuff then it's things like food that will be commodities that can be bartered.

There's a good reason Warren Buffet has said he wouldn't ever buy gold. The only people who make money on gold long term are the traders to sell it to you. Don't believe the bullshit they tell you about it being a good investment.

Pretty soon we will see 

[FitnessFrenzy]

the gold price is extremely low. Investors are currently not buying gold as a safe haven from the current stock market panic:

http://goldprice.org/gold-price-chart.html

[calfzilla]

Falling stock prices can be good. When the prices are low that's when you buy, because when they go back up you will earn large profits. That's how rich people do it ya know?

[Coach is Back!]

Invest in gold.
Can't get more secure.

Unless it's real estate.

[Coach is Back!]

Damn market selloff looking scary. Who's losing money out there?

Getbig related as all getbiggers are stock investing millionaires ...

Took a little over a $26k this month. It's only a loss of you panic and sell off the entire stock.

[Tedim]

Unless it's real estate.

real property is taxable.... I get hammered at the end of every year, physical gold is not

but gold isnt an investment its a hedge

[calfzilla]

Took a little over a $26k this month. It's only a loss of you panic and sell off the entire stock.

Yep. Poor people mistake 101.

[Tedim]

Bought this in November....immediate tax bill arrived 5K...fk

[Walter Sobchak]

Falling stock prices can be good. When the prices are low that's when you buy, because when they go back up you will earn large profits. That's how rich people do it ya know?

Obviously.......but you better have a strong stomach

[Tedim]

Falling stock prices can be good. When the prices are low that's when you buy, because when they go back up you will earn large profits. That's how rich people do it ya know?

Sometimes.....sometimes investors sit on the sidelines and let the drop...drop further to shake out the weak hands

and sometimes the drop breaks the company and its management

[Coffeed]

Time to pull out the ol' Don Lapre investment book.

[Coach is Back!]

Bought this in November....immediate tax bill arrived 5K...fk

There is a car wash by me that just closed because the owner of the car wash was living there. The property owners found out he was living there and close it. It looks like it's ready to go if you're intrested.

[TuHolmes]

I haven't lost anything really. I noticed that the market is falling directly to oil. It's not a big collapse. People selling off will be back soon.

The VIX is staying pretty calm and is slightly up.

[Tedim]

There is a car wash by me that just closed because the owner of the car wash was living there. The property owners found out he was living there and close it. It looks like it's ready to go if you're intrested.

Thanks coach for the heads up....I do GA only right now on real property and the car wash was/is secondary interest, I specialize in the coin laundry side. I'll look to rent the car wash out or convert to self storage.

[Walter Sobchak]

I haven't lost anything really. I noticed that the market is falling directly to oil. It's not a big collapse. People selling off will be back soon.

The VIX is staying pretty calm and is slightly up.

I was expecting a break even month and a down quarter, but still saw a 4.4% gain. My bigger fear would be inflation. People are so focused on the DJIA and the Obama lackies pointing out its rise, that they completely ignore the actions of the Fed on interest rates and the resultant effect on inflation.

[Tedim]

I was expecting a break even month and a down quarter, but still saw a 4.4% gain. My bigger fear would be inflation. People are so focused on the DJIA and the Obama lackies pointing out its rise, that they completely ignore the actions of the Fed on interest rates and the resultant effect on inflation.

the equity losses are so high, even the money pump isn't big enough to fill the hole.....inflation is still way down the road, deflation by year end IMO will be big on property